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CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
shares in Thousands, $ in Thousands
Dec. 31, 2020
Jun. 30, 2020
Current assets:    
Cash and cash equivalents $ 103,188 $ 606,684
Accounts receivable, less allowance for doubtful accounts of $10,058 and $9,430, respectively 275,151 237,983
Inventories (Note 9) 497,224 522,447
Other current assets 73,123 73,698
Total current assets 948,686 1,440,812
Property, plant and equipment:    
Land and buildings 372,061 360,256
Machinery and equipment 2,019,786 1,913,967
Less accumulated depreciation (1,318,373) (1,235,952)
Property, plant and equipment, net 1,073,474 1,038,271
Other assets:    
Goodwill (Note 16) 281,447 270,580
Other intangible assets, less accumulated amortization of $147,297 and $137,386, respectively (Note 16) 127,661 132,568
Operating lease right-of-use assets 53,972 48,035
Deferred income taxes 46,622 46,782
Other 82,964 60,543
Total other assets 592,666 558,508
Total assets 2,614,826 3,037,591
Current liabilities:    
Revolving and other lines of credit and notes payable (Note 10) 34,979 500,368
Current operating lease liabilities 15,023 13,246
Accounts payable 134,153 164,641
Accrued income taxes 6,290 27,938
Accrued expenses 46,850 47,610
Other current liabilities 165,346 144,277
Total current liabilities 402,641 898,080
Long-term debt, less current maturities (Note 10) 593,757 594,083
Operating lease liabilities 39,582 35,372
Deferred income taxes 22,162 21,796
Accrued pension and postretirement benefits 187,174 175,458
Accrued income taxes 10,046 9,584
Other liabilities 39,775 34,430
Total liabilities 1,295,137 1,768,803
Commitments and contingencies
Kennametal Shareholders' Equity:    
Preferred stock, no par value; 5,000 shares authorized; none issued 0 0
Capital stock, $1.25 par value; 120,000 shares authorized; 83,435 and 82,923 shares issued, respectively 104,330 103,654
Additional paid-in capital 547,754 538,575
Retained earnings 969,301 1,004,898
Accumulated other comprehensive loss (342,231) (417,242)
Total Kennametal Shareholders' Equity 1,279,154 1,229,885
Noncontrolling interests 40,535 38,903
Total equity 1,319,689 1,268,788
Total liabilities and equity $ 2,614,826 $ 3,037,591
Common Stock, Par or Stated Value Per Share $ 1.25 $ 1.25
Preferred Stock, No Par Value $ 0 $ 0
Preferred Stock, Shares Authorized 5,000 5,000